2018AFP Case Completion Topic 8: Analysis of the answers to young couples' blog reading planning, which can be downloaded and printed

[Share Post] 2018AFP Case Graduation Topic 8: Answers to Young Couples' Blog Reading Plan
Background information of family members
Mr. Liu, 32 years old, has a master's degree and is in charge of a state-owned enterprise in Beijing, with an annual after tax income of 300000 yuan; Mr. Liu's wife, Wang Shi, is 26 years old. She has a master's degree and works in the marketing department of a private enterprise in Beijing. Her annual after tax income is 200000 yuan. The living expenses of Mr. Liu and his wife are 300000 yuan at present and will be reduced to 150000 yuan next year (150000 yuan will end in the current year). Mr. Liu has a current deposit of 100000 yuan. Ms. Wang has a demand deposit of 100000 yuan, a suite of apartments in a scenic spot in Beijing, worth 2.6 million yuan, and a remaining commercial loan of 1.2 million yuan. The remaining term is 20 years, and the annual rent income is 40000 yuan. Mr. Liu's social insurance payment base is three times of the social average salary. He has paid for six years. At present, the balance of the medical insurance account is 0, the balance of the pension account is 80000 yuan, and the balance of the housing provident fund account is 120000 yuan. Ms. Wang's social insurance payment base is 200000 yuan, which has been paid for three years. At present, the balance of the medical insurance account is 0, the balance of the endowment insurance account is 30000 yuan, and the balance of the housing provident fund account is 0. Mr. Liu has a 10 year term life insurance paid by the company, with the insurance amount of 500000 yuan. Ms. Wang has no insurance for the time being.
Financial objectives (all present value)
Marriage house purchase planning
Mr. Liu hopes to purchase a wedding house at once. The house price is 4 million yuan, with a down payment of 40%. The total loan of the reserve is 1.2 million yuan, and the remaining housing loan is supplemented by commercial loans with a loan term of 20 years. Mr. Liu's parents and Ms. Wang's parents have prepared a total of 1.6 million yuan for the down payment, which has been transferred to their current savings accounts.
Supplementary wedding planning
Mr. Liu and Ms. Wang are going to hold a wedding ceremony this year, which will cost 100000 yuan.
Blog Reading Planning
If Wang Shi hopes to study for a doctor's degree next year. The doctoral education lasts for three years, and the annual tuition is 10000 yuan. It is estimated that the annual subsidy is 15000 yuan, which is regarded as salary income. The annual after tax income of doctoral graduates is expected to be 250000 yuan.
Child support planning
If Ms. Wang doesn't read a blog, they will have a baby next year. If Ms. Wang reads a blog, she will have a baby four years later. The child support is 10000 yuan, which lasts for 21 years from the birth of the child to the graduation of the undergraduate.